Lamar County Education Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 169,938 | 113,089 | 56,849 | 67.6 | 0% |
| 2021 | 222,102 | 130,579 | 91,523 | 67.0 | 0% |
| 2022 | 370,561 | 492,931 | −122,370 | 14.8 | 0% |
| 2023 | 301,798 | 384,726 | −82,928 | 16.3 | 0% |
In its most recent public year (2023), this organization spent $82,928 more than it brought in. Its reserves stood at about 16.3 months of spending, down from 67.6 in 2020. Staff pay was 0% of spending.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2023. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
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